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Active
Listed
$475,000
/mo   Edit
MLS# 5680919
Multi-family
Built 1974
3,400 fin sqft
Bloomington schools
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    Description:   Cash-flowing Duplex in highly sought West Bloomington location. Close to park, quiet neighborhood. Long-term tenants in both sides of property: 10+years & happy to stay. Great 3 bed, 3 bath layout with walk-out basement to fenced backyard on each side. Equity building potential with some maintenance and cosmetic updates. Weekend showings with a 24-hr notice preferred.
    List Price: $475,000
    Price/sq ft: $140
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Side by Side
    Year Built: 1974
    City: Bloomington
    County: Hennepin
    State: MN
    Zip Code: 55437

    Interior

    Fin Sq Ft / Living Area: 3,400 ft²
    Above Ground Living: 2,400 ft²
    Below Ground Living: 1,000 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Single Tenant Access, Finished, Full, Walkout

    Exterior

    Heating System: Forced Air
    Foundation Size: 3,400 ft²
    Fencing: Wood
    Road Frontage: City Street
    Handicap Accessible: None
    Exterior Material: Wood Siding
    Garage Spaces: 4
    Roof Details: Asphalt, Age Over 8 Years

    Lot

    Acres: 0.36
    Latitude: 44.82712700
    Longitude: -93.34893300
    Lot Size Dim.: .36
    Dev/Complex Name: Normandale Highlands 08th Add

    Schools

    School District: 271
    District Phone: 952-681-6400

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,200
    Annual Maintenance Expense: $500
    Annual Gross Expense: $2,700
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $500
    Tenant Expenses: Insurance, Electricity, Fuel, Trash Collection, Snow Removal, Grounds Care, Cable TV, Other

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $8,178
    Assessment Pending: No
    Taxes w/ Assessments: $11,325

    Income

    Annual Gross Income: $35,700

    Rent

    Unit 1 Monthly Rent: $1,550

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Get to know our Home Mortgage Professionals

    Jason
    Roaldson
    CrossCountry
    Jeff
    Zajac
    TruStone
    Justin
    Larson
    Movement
    Jason Roaldson
    Premier Loan Officer
    CrossCountry Mortgage NMLS#308253
    My goal is to be fair and accurate with anyone who trusts me to handle their financing. I believe that trust is the most important ingredient in the relationship between my client and me, which is why I focus on transparency with my clients so they understand from where all of the numbers in their transactions are derived. When trust is high and stress is low, purchases close on time. My Promise to you is we close on time, every time. We have open communication throughout the process, and I am accountable in all that I do. I am committed to serving you, I am committed to excellence, and I am committed to your 100% satisfaction. I am a 20 year veteran in the financing industry and have worked in every segment of the mortgage industry including banking, brokering, and correspondent lending. I have been fortunate to be a multi-year recipient of the Super Mortgage Professional designation given by the Twin Cities Business Magazine, the Minneapolis/St. Paul Magazine, and the Minnesota Monthly Magazine which are professional publications in my market.
    612.268.1503

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    Listing provided by RMLS, courtesy of Realty Exchange.
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